PCSB Financial (NASDAQ:PCSB) reported quarterly earnings of $0.33 per share. This is a 32 percent increase over earnings of $0.25 per share from the same period last year.
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BOSTON, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ:BRKL) ("Brookline"), today announced that it has completed its acquisition of PCSB Financial Corporation (NASDAQ:PCSB) ("PCSB"), a $1.9 billion bank holding company based in Yorktown Heights, New York, effective January 1, 2023. PCSB's bank subsidiary, PCSB Bank, now operates as a separate subsidiary of Brookline Bancorp and has 15 banking offices throughout the Lower Hudson Valley of New York State. Michael P. Goldrick assumed the role of President and CEO of PCSB Bank on January 1st. Prior to his appointment as President and CEO, Mr. Goldrick served as PCSB Bank's Executive Vice President and Chief Lending Officer
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YORKTOWN HEIGHTS, N.Y., Oct. 27, 2022 (GLOBE NEWSWIRE) -- PCSB Financial Corporation (the "Company") (NASDAQ:PCSB), parent of PCSB Bank (the "Bank"), today announced net income of $4.8 million, or $0.33 per diluted share, for the three months ended September 30, 2022, compared to $3.5 million, or $0.25 per diluted share, for the three months ended June 30, 2022 and $3.6 million, or $0.25 per diluted share, for the three months ended September 30, 2021. On May 23, 2022, the Company and Brookline Bancorp, Inc. ("Brookline"), the holding company of Brookline Bank and Bank Rhode Island, entered into an Agreement and Plan of Merger (the "Merger Agreement"). Pursuant to the Merger Agreement, PC
YORKTOWN HEIGHTS, N.Y., Aug. 04, 2022 (GLOBE NEWSWIRE) -- PCSB Financial Corporation (the "Company") (NASDAQ:PCSB), parent of PCSB Bank (the "Bank"), today announced net income of $3.5 million, or $0.25 per diluted share, for the three months ended June 30, 2022, compared to $3.5 million, or $0.24 per diluted share, for the three months ended March 31, 2022 and $3.4 million, or $0.23 per diluted share, for the three months ended June 30, 2021. Net income was $14.9 million, or $1.04 per diluted share, for the year ended June 30, 2022, compared to $12.4 million, or $0.84 per diluted share, for the year ended June 30, 2021. Results for the three months and year ended June 30, 2022 include me
BOSTON and YORKTOWN HEIGHTS, N.Y., May 24, 2022 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ:BRKL) ("Brookline") and PCSB Financial Corporation (NASDAQ:PCSB) ("PCSB") announced today they have entered into a definitive merger agreement whereby Brookline will acquire PCSB and its wholly owned subsidiary, PCSB Bank for approximately $313 million in cash and stock. Following the transaction, PCSB Bank will operate as a separate bank subsidiary of Brookline. Paul Perrault, Chairman and Chief Executive Officer of Brookline commented on the transaction, "I am pleased to announce the combination of PCSB and Brookline. This transaction represents a unique opportunity for Brookline to expan
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During Monday's session, 50 stocks hit new 52-week highs. Noteworthy Highlights From Today's 52-Week Lows: The largest company on a market cap basis to set a new 52-week high was Merck & Co (NYSE:MRK). Nexalin Technology (NASDAQ:NXL) was the smallest firm in terms of market cap to set a new 52-week high. Imago BioSciences (NASDAQ:IMGO) was the biggest gainer, trading up 104.05% to reach its 52-week high. Bank of Princeton (NASDAQ:BPRN) was the biggest loser of the group, declining 0.03% after reaching its new 52-week high. On Monday, the following stocks hit new 52-week highs: Merck & Co (NYSE:MRK) shares set a new yearly high of $105.17 this morning. The stock was up 0.59% on
As of the close of business on Friday, 11/4, we captured the Top 10 Highest Short Interest % stocks within the Financial Services sector. The average short interest for stocks within the Financial Services sector stands at 1.56%. Therefore, the below stocks are showing a more pessimistic outlook than their peers within the respective sector. MARATHON DIGITAL H (NASDAQ:MARA) 44.33% UPSTART HLDGS INC (NASDAQ:UPST) 38.83% TRUPANION INC (NASDAQ:TRUP) 24.89% NEW YORK COMMTY (NYSE:NYCB) 24.39% SOFI TECHNOLOGIES (NASDAQ:SOFI) 22.46% ENCORE CAPITAL GP (NASDAQ:ECPG) 21.44% HCI GROUP INC (NYSE:HCI) 17.62% LEMONADE INC (NYSE:LMN
PCSB Financial (NASDAQ:PCSB) reported its Q1 earnings results on Thursday, October 27, 2022 at 08:00 AM. Here's what investors need to know about the announcement. Earnings PCSB Financial beat estimated earnings by 34.62%, reporting an EPS of $0.35 versus an estimate of $0.26. Revenue was up $2.50 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.08 which was followed by a 0.05% drop in the share price the next day. Here's a look at PCSB Financial's past performance: Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022 EPS Estimate 0.23 0.24 0.24 0.20 EPS Actual 0.31 0.23
BOSTON, Jan. 03, 2023 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ:BRKL) ("Brookline"), today announced that it has completed its acquisition of PCSB Financial Corporation (NASDAQ:PCSB) ("PCSB"), a $1.9 billion bank holding company based in Yorktown Heights, New York, effective January 1, 2023. PCSB's bank subsidiary, PCSB Bank, now operates as a separate subsidiary of Brookline Bancorp and has 15 banking offices throughout the Lower Hudson Valley of New York State. Michael P. Goldrick assumed the role of President and CEO of PCSB Bank on January 1st. Prior to his appointment as President and CEO, Mr. Goldrick served as PCSB Bank's Executive Vice President and Chief Lending Officer
BOSTON, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ:BRKL) ("Brookline") today announced the preliminary results of the elections regarding the merger consideration to be received by stockholders of PCSB Financial Corporation (NASDAQ:PCSB) ("PCSB") in Brookline's pending acquisition of PCSB, which is expected to be completed on January 1, 2023. Based on the preliminary election results and applying the provisions set forth in the merger agreement, PCSB stockholders will receive the following merger consideration: PCSB stockholders will receive 1.3284 shares of Brookline common stock for each share of PCSB common stock for which they made a valid stock election;PC
BOSTON, Dec. 29, 2022 (GLOBE NEWSWIRE) -- Brookline Bancorp, Inc. (NASDAQ:BRKL) ("Brookline") today announced that it has received the requisite regulatory approvals from the Board of Governors of the Federal Reserve System, New York State Department of Financial Services and Massachusetts Board of Bank Incorporation necessary to complete its acquisition of PCSB Financial Corporation (NASDAQ:PCSB) ("PCSB"). Brookline and PCSB anticipate closing the transaction on January 1, 2023, subject to the satisfaction of customary closing conditions. ABOUT BROOKLINE BANCORP, INC. Brookline Bancorp, Inc., a bank holding company with approximately $8.7 billion in assets and branch locations in easte